Key facts
- Sridhar Sharma has been promoted to CEO of Sagent, moving from his role as president.
- Andrew Bon Salle, formerly of Fannie Mae, has been appointed chairman of Sagent's board.
- The leadership changes occur as Sagent expands its AI-powered mortgage servicing platform, Dara.
- Sharma previously spent a decade at Mr. Cooper, focusing on product, technology, and AI in mortgage servicing.
- Bon Salle brings nearly three decades of experience from Fannie Mae, including housing finance and technology.
- It is unclear if Chris Marshall, the previous CEO and chairman, remains with the company.
Mortgage technology firm Sagent announced leadership changes on Monday, promoting Sridhar Sharma to chief executive officer and appointing Andrew Bon Salle as chairman of its board of directors. Sharma, previously Sagent's president, will now lead the company as it expands the deployment of its artificial intelligence-powered mortgage servicing platform, Dara.